News
Signal Now Supports In-App MobileCoin Cryptocurrency Payments
Signal’s latest beta version has introduced a new payment feature, called Signal Payments, allowing users to send and receive cryptocurrency from within the app.
The latest beta version of the privacy-oriented instant messaging platform Signal has introduced a new cryptocurrency payment feature, called Signal Payments, allowing its users to send and receive MobileCoin tokens directly from the Signal app.
Initially, the cryptocurrency payment feature will be available only to Signal users living in the United Kingdom, but support for more regions is planned for the future.
“Signal Payments makes it easy to link a MobileCoin wallet to Signal so you can start sending funds to friends and family, receive funds from them, keep track of your balance, and review your transaction history with a simple interface,” explains Signal in the official announcement. “As always, our goal is to keep your data in your hands rather than ours; MobileCoin’s design means Signal does not have access to your balance, full transaction history, or funds.”
Following the launch of the beta integration of MobileCoin, the value of a single MOB token jumped from $7 to over $60.
It’s no coincidence that MobileCoin was picked as the first cryptocurrency supported by the messaging app. The platform’s founder, Moxie Marlinspike, is listed as MobileCoin’s technical adviser, and some keen observers have pointed out that his involvement could be much deeper than both he and MobileCoin admit.
According to an early version of the MobileCoin whitepaper, Marlinspike was the project’s original CTO. If this information is true, then the decision to integrate MobileCoin should raise some serious questions among users, questions some members of the crypto community have already voiced their opinions.
Also Read: What Will Happen If You Don’t Accept WhatsApp’s New Privacy Changes?
“Signal sold out their user base by creating and marketing a cryptocurrency based solely on their ability to sell the future tokens to a captive audience,” said Bitcoin Core developer Matt Corallo, who also used to be a contributor.
MobileCoin CEO Joshua Goldbard disputed the authenticity of the whitepaper, claiming that it wasn’t written by anyone at MobileCoin even though the project’s current whitepaper is almost identical to it. Marlinspike refused to say anything about his professional relationship with MobileCoin.
News
NASA Forms New Partnership With Saudi Space Agency
The pair will collaborate on the Center for Space Futures, advancing space tech by bringing together public and private stakeholders.
Saudi Arabia’s space industry is on the brink of substantial expansion after generating $400 million in revenue in 2022, according to a report by the Saudi Communications, Space and Technology Commission.
Now, in a new venture with NASA, plans for a “Center for Space Futures” are set to further drive the Kingdom’s aspirations of becoming a leading player in space exploration and technology.
Capturing moments from the joint delegation visit with leaders from the Saudi and American Space Agencies @NASA to @PSU_RUH, along with scenes showcasing the audience's engagement. pic.twitter.com/oB1cFTiRNl
— وكالة الفضاء السعودية (@saudispace) May 14, 2024
The partnership between NASA and Saudi Arabia goes beyond economic advantages. The pair have already cooperated on preliminary work for the Artemis II lunar mission, which is slated for a September 2025 launch and aims to land astronauts near the moon’s South Pole.
Also Read: Plans Underway For Massive Middle East Autonomous Freight Network
During a visit to the capital, Riyadh, NASA Administrator Bill Nelson emphasized in a TV interview the broader objectives of the collaboration, which encompass “returning to the moon and then [to] Mars” while utilizing space exploration to glean important insights into climate change. The NASA spokesman also reiterated the space agency’s dedication to collaborating with Saudi Arabia on other future ventures.
-
News2 weeks ago
UAE Stores May Soon Accept Payments Through Your Palm
-
News2 weeks ago
chatlyn Unveils Hospitality Chatbot At Arabian Travel Market 2024
-
News2 weeks ago
Orchid Plans To Find Out What’s Wrong With You Before You’re Born
-
News1 week ago
Apple Announces New iPad Pro With M4 Chip And Updated iPad Air